MELINDA POTCHER's (melinda) Blog

Dubbed "Project Lifeline" the Bush Program will be available to people who have taken out all types of adjustable rate mortgages, not just the high-cost subprime loans that have been the focus on previous relief efforts. The program was put together by six of the United States' largest financial ...

Albuquerque, New Mexico is Housing Predictor's selection for the #1 spot on the Top 10 List. Albuquerque is growing like never before, attracting the movie business from Hollywood, a new airplane factory and many other new businesses, like Schott (Solar Power) and Fidelity Investments. The median...

I have a client, let's call her Heidi. Heidi is a very successful business owner who needed to refinance her home in order to pull out equity to use in her business expansion plan. Her accountant counseled her that utilitizing her home's equity would cost less in interest, and would be less of a ...

 It was this past Wedesday morning, 9:26am.  I officially lost my mind.  In that moment in time, I saw my 30 year fixed rates dip down to 5% at par.  The 15 year was somewhere near 4.5%.  I frantically sent a blast email to all my Clients & Realtors.  LOCK NOW!  I typed at lightening fast speed, ...

At least 4 million Americans are wasting money by accelerating their mortgage payments instead of investing in retirement accounts, according to a paper published by the Federal Reserve Bank of Chicago.The money you use to pay off your mortgage has been taxed, which means, depending on your tax b...